EBK MICROECONOMICS
EBK MICROECONOMICS
5th Edition
ISBN: 9781118883228
Author: David
Publisher: YUZU
Question
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Chapter 1, Problem 7RE
To determine

(a)

Whether the statement regarding the effect of Internet auction companies on the profits of local automobile dealerships, is a positive statement or a normative statement.

To determine

(b)

The statement whether government should impose special taxes on sales of merchandise made over the Internet, is a positive statement or a normative statement.

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